A new trading day began on Friday, with Crown Castle Inc (NYSE: CCI) stock price down -0.56% from the previous day of trading, before settling in for the closing price of $100.75. CCI’s price has ranged from $84.20 to $120.92 over the past 52 weeks.
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A company in the Real Estate sector has jumped its sales by 2.82% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 111.50%. With a float of $434.28 million, this company’s outstanding shares have now reached $435.00 million.
In an organization with 3900 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 79.4%, operating margin of -44.75%, and the pretax margin is -59.06%.
Crown Castle Inc (CCI) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the REIT – Specialty Industry. The insider ownership of Crown Castle Inc is 0.27%, while institutional ownership is 93.94%. The most recent insider transaction that took place on May 09 ’24, was worth 4,150. In this transaction Director of this company sold 42 shares at a rate of $98.80, taking the stock ownership to the 2,919 shares. Before that another transaction happened on Aug 05 ’24, when Company’s Officer proposed sale 47,774 for $112.18, making the entire transaction worth $5,359,489.
Crown Castle Inc (CCI) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.38 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 111.50% per share during the next fiscal year.
Crown Castle Inc (NYSE: CCI) Trading Performance Indicators
Here are Crown Castle Inc’s current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.64. Likewise, its price to free cash flow for the trailing twelve months is 27.73.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -8.97, a number that is poised to hit 0.26 in the next quarter and is forecasted to reach 2.65 in one year’s time.
Technical Analysis of Crown Castle Inc (CCI)
Let’s dig in a bit further. During the last 5-days, its volume was 2.57 million. That was inferior than the volume of 3.38 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 61.21%. Additionally, its Average True Range was 3.27.
During the past 100 days, Crown Castle Inc’s (CCI) raw stochastic average was set at 64.27%, which indicates a significant increase from 63.99% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 30.93% in the past 14 days, which was higher than the 30.09% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $98.47, while its 200-day Moving Average is $102.88. However, in the short run, Crown Castle Inc’s stock first resistance to watch stands at $101.04. Second resistance stands at $101.89. The third major resistance level sits at $102.82. If the price goes on to break the first support level at $99.27, it is likely to go to the next support level at $98.34. The third support level lies at $97.49 if the price breaches the second support level.
Crown Castle Inc (NYSE: CCI) Key Stats
With a market capitalization of 43.63 billion, the company has a total of 435,434K Shares Outstanding. Currently, annual sales are 6,568 M while annual income is -3,903 M. The company’s previous quarter sales were 1,649 M while its latest quarter income was -4,768 M.
